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Over 1.02 Billion Shiba Inu Tokens Burnt Within 24 Hours From Newly Emerged Tokens: Details

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Over 1.02 Billion Shiba Inu Tokens Burnt Within 24 Hours From Newly Emerged Tokens: Details

Over 1.02 Billion Shiba Inu (SHIB) Tokens Burnt Within Last 24 Hours amid Newly Emerged Unofficial Shiba Burning Tokens Came Into Play.



The burning of Shiba Inu (SHIB) tokens is getting tough day after day with the emergence of new unofficial Shiba Inu tokens.

As per Shibburn’s tweet, over 1 billion tokens have been taken out of circulation forever during the last 24 hours. To be precise, 1,021,292,580 (1.02B) SHIB tokens have been burned by the newly emerged community-led initiatives, with 41 transactions.

ETH SHIBA, a newly emerged project launched on the Binance Smart Chain, acclaimed that they have successfully sent 359,619,654 (359.61M) SHIB tokens to the Null Address in one transaction.

This token came into life just 14 days back and has burnt a total of 759,687,913 (759.68M) SHIB tokens. The previous week, the ETH SHIBA has taken out 400,068,259 (400.06M) SHIB tokens from circulation.

Another unofficial Shiba Inu token with a unique burning mechanism, 1CENT has claimed the burning of 386,563,384 (386.56M) SHIB tokens, which is 18% more than their previous week’s burn of 327,564,569 (327.56M) tokens.

The proof of burn shared by 1CENT is not seen as valid but just a screenshot from the Shibburn.com website.

Besides these burns officially acclaimed by the projects, many burns were noticed coming from Uniswap. Shiba Inu community got curious about the source, and later upon the investigation, we found that yesterday, a new token named “SCARECROW (SHIB Protector),” showing its solidarity to the Shiba Community, came into life and claimed to burn almost 70 million SHIB tokens during the first hour of the launch.

The token got viral among Shiba Inu Community and has gathered a lot of attention along with investments. SCARECROW (SHIB Protector), in less than 14 hours of launch, breezed past 250 holders’ milestones and reportedly has hit a 1 million Market cap.

There’s no doubt all the above tokens have skyrocketed the burn rate of Shiba Inu (SHIB) tokens, but investors should have to do their research before investing, as these types of newly emerged tokens can prove to be a “rug-pull.”

New: Ripple Claims SEC Plans on Hiding Key Documents Showing XRP Is Not a Security

Mark Brennan
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New: Ripple Claims SEC Plans on Hiding Key Documents Showing XRP Is Not a Security

Ripple Claims SEC is concealing Key Documents.



The Securities and Exchange Commission (SEC) has been doing everything possible to protect relevant documents from its previous staff, which could be vital in ending the more than one-year legal battle between the agency and Ripple. 

On several occasions, the SEC has explained that Estabrook Notes and Hinman’s 2018 speech were only personal opinions and not public guidance, thus making the agency seek legal protection of the documents. 

Following the agency’s determination to protect both documents that are capable of putting an end to the lawsuit, Ripple and the individual defendants, Brad Garlinghouse and Chris Larsen, filed a brief explaining the relevance of Hinman and Estabrook’s documents. 

In the recently filed Ripple’s response to the court, the blockchain company’s lawyer Matthew Solomon noted that the SEC is poised to protect the documents because the agency’s own former Director of Corporate Finance had made the possible analysis and conclusion that XRP is not a security. 

“[…] While [the SEC] conceals (potentially) the fact that its own Director of the Division of Corporation Finance had analyzed a substantially-similar digital asset (and maybe even XRP) and concluded that it was not,” excerpts of Ripple’s response. 

The development was spotted by attorney Jeremy Hogan, who has been vocal about the lawsuit since the fintech company and its executives were charged for conducting an unregistered security offering in the U.S. and raised $1.3 billion from the sales. 

“I tried to analyze this for you in a true legal sense. But, my MIND was BLOWN by the part below and I couldn’t think about much else after. Is the SEC “potentially” hiding a document in which the SEC concluded that XRP was…  NOT A SECURITY?

WHAT DOES SOLOMON KNOW????,” attorney Hogan tweeted.  

Previous Developments

Meanwhile, the past week has seen interesting developments. The court denied the SEC’s motion to stop the blockchain company from using Fair Notice Defense, a decision considered a victory for the blockchain company. 

Following the SEC’s motion denial, Ripple would now prove before the court that the securities agency never gave it a prior warning that XRP could violate the United States securities law. 

In other developments, the individual defendants were also denied their application to have the charges against them dropped.

SEC v Ripple: Lawsuit Not Ending Soon Based on Court Rulings

Mark Brennan
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SEC v Ripple: Lawsuit Not Ending Soon Based on Court Rulings

SEC v Ripple Lawsuit Not Ending Soon Based on Court Rulings.


 

With Ripple (XRP) investors largely affected by the ongoing lawsuit between the blockchain company and the Securities and Exchange Commission (SEC), the crypto community sought to know when the case would be over, to see the sixth-largest cryptocurrency soaring again. 

Recall that the SEC had charged Ripple and two of its executives in December 2020 for conducting an unregistered security offering and raising $1.3 billion. 

Since the announcement, several United States trading platforms have discontinued support for the cryptocurrency, causing its price to plunge. 

Recent developments, however, have made Ripple enthusiasts believe the end is in sight and the fintech company made things more interesting after it indicated in a recent court filing that its lawsuit with the SEC would end before November 18, 2022.

 

The Lawsuit Could Go Beyond this Year

Unfortunately, the case could extend beyond the stipulated time following recent court rulings.

Last week, the SEC had its motion to stop the blockchain company from using the Fair Notice Defense denied by Judge Analisa Torres. 

Following the denial, Ripple would prove before the court that the SEC did not provide a prior notice that its cryptocurrency offerings could breach existing security laws. 

The blockchain company could also argue that the securities agency did not notify the company for more than seven years after it conducted the XRP sales because there was no clear regulation. 

Similarly, Ripple’s individual defendants, Brad Garlinghouse and Chris Larsen, also had their application to drop the charges against them denied, a ruling that resulted in the SEC filing a motion to protect relevant documents, including the Estabrook Notes and Hinman’s 2018 speech. 

In other developments, Ripple left itself exposed by requesting to strike out a supplemental expert rebuttal report by Dr. Albert Metz. 

These arguments would see both parties file a series of motions and responses, with the court expected to give a decision on each motion between weeks and months after the filings. 

The good news is that regardless of the duration of the case, it is expected that the case will end in favor of the blockchain company based on previous rulings, and it will trigger the price of XRP to surge tremendously. 

Is NowPayments Bringing Something New For Shib Community?

Zabi
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Is NowPayments Bringing Something New For Shib Community?

Now payments to bring something new to the Shiba Inu community.



NOWPayments, a top-rated crypto payment gateway, founded in 2019, by the team behind ChangeNOW, and SHIB Community official Growth Breed Member Milkshake are teasing the Shiba Inu Community with some kind of special upcoming announcement this week.

MILKSHAKE is quoting this announcement as a “Surprise”. Something fantastic is cooking between SHIB Growth Breed member, MILKSHAKE, and NOWPayments. However, the details are not yet officially revealed but MILKSHAKE in her recent tweets is seen hinting at some kind of surprise coming towards the Shiba Inu Community from NOWPayments side.

“I can say a surprise from NOWPayments_io will launch this coming week, as the “partnershib” continues and I thank them for all the hard work and dedication.”

The only thing we know officially till now about the surprise is that the announcement is going to reveal later this week. However, what kind of partnership it will be along with the exact time and date remains a mystery.

On Saturday, March 19, 2022, MILKSHAKE said in a tweet:

“Great talks to end the week. Been great working with @NOWPayments_io and the @Shibtoken partnershib. $SHIB $LEASH”

To which NOWPayments responded: “Always a pleasure talking to you! $SHIB $LEASH”

The Shiba Inu Community is anxiously waiting for the upcoming surprise. Everyone knows that NOWPayments really love Shiba Inu Ecosystem. NOWPayments was among the early crypto payment gateway company that officially added support to SHIB and LEASH along with the SHIB Burning initiative.

On October 18, NOWPayments officially declared support for LEASH and SHIB via Press Release. During that announcement, the company also said they will also support SHIB Burning by utilizing 3% of the profit received from all SHIB transactions, and that burn will take place once a month in order to support the Shiba Inu community. Till today, NOWPayments was able to burn 43 million Shiba Inu (SHIB) tokens officially.

Goldman Sachs Takes Significant Step Toward Offering Over-the-Counter Bitcoin Options Trading

Lele Jima
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Goldman Sachs Takes Significant Step Toward Offering Over-the-Counter Bitcoin Options Trading

Goldman Sachs Takes Significant Measure in Offering Over-the-Counter Bitcoin Options Trading.



American multinational investment bank Goldman Sachs has announced the completion of its first-ever over-the-counter (OTC) cryptocurrency options trade, in a bid to offer crypto assets to institutional investors, CNBC reported today. 

In a transaction facilitated by Galaxy Digital, Goldman Sachs traded a non-deliverable option, a crypto derivative tied to the price of Bitcoin (BTC), which pays out in fiat. 

The move is considered a milestone as it marks the first time a U.S. major bank will be conducting an OTC cryptocurrency option trade. 

Damien Vanderwilt, co-president and head of global markets at Galaxy Digital, said he hopes the trade execution gives the green light to other traditional financial institutions considering delving into the digital currency space using the OTC method.  

According to Vanderwilt, Goldman Sachs’ involvement in the trade goes to show the maturity of cryptocurrency assets for institutional investors, including hedge funds.  

“This trade represents the first step that banks have taken to offer direct, customizable exposure to the crypto market on behalf of their clients,” Vanderwilt added. 

Goldman Takes on More Responsibility

The new OTC cryptocurrency options will be different from the exchange-based CME Group bitcoin product Goldman Sachs started trading last year, as the latter does not carry more risk than the former. 

With over-the-counter cryptocurrency options trading, Goldman Sachs will take on more risks as the bank will act as a principal in all transactions. 

Banks Make U-turn Commence Bitcoin Adoption

Launched in 2009, Bitcoin has been largely ignored by institutional investors and traditional financial institutions on the grounds that there is no clear regulation for the asset class. 

However, the issue of regularity clarity is expected to be addressed very soon, especially now that the president of the United States, Joe Biden, has mandated all federal agencies to collaborate and establish laws that will foster the growth of the industry while protecting customers from the risks associated with the asset class. 

Despite the lack of regulatory clarity in the industry, a handful of traditional financial institutions, including BNY Mellon and Goldman, have made significant moves in the market by offering crypto-related services to their clients. 

Goldman, which launched an exchange-based CME bitcoin product last year, said a majority of its clients demanded options linked to cryptocurrencies toward the end of last year, hence the recent development. 

“This is an important development in our digital assets capabilities and for the broader evolution of the asset class,” Max Minton, Goldman’s Asia Pacific head of digital assets, said.  

Meanwhile, Goldman Sachs also joined other Bitcoin proponents to predict that the asset class will hit $100,000 by the year end. 

 

Malaysian Ministry of Communication Urges the Country to Adopt Bitcoin (BTC) As A Legal Tender 

Lele Jima
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Malaysian Ministry of Communication Urges the Country to Adopt Bitcoin (BTC) As A Legal Tender 

Malaysia is looking to Adopt Bitcoin and crypto.



The Malaysian Deputy Minister of Communication and Multimedia calls on the country’s federal government to adopt Bitcoin (BTC) as a legal tender, Bloomberg reports.

Datuk Zahidi Zainul Abidin, who described Bitcoin as the future of finance, said the move would help Malaysian youths be more involved in crypto-related activities such as trading, non-fungible tokens (NFTs), etc. 

“All of these are under the purview of the Bank Negara Malaysia and the Securities Commission. We hope the government will allow and legalize Bitcoin and crypto so that we can increase the youth’s uptake of cryptocurrencies,” Abidin said. 

Growing Interest in Digital Currencies

The deputy minister made this known today in the Dewan Rakyat, the federal legislature parliament of Malaysia, in response to a supplementary question asked by the Member of Parliament (MP) for Ledang, Syed Ibrahim Syed Noh. 

During the session, Noh enquired about the federal government’s stance on NFT trading, a crypto niche that is becoming increasingly popular in Malaysia. 

Aside from NFT trading, digital currency popularity has grown tremendously in Malaysia, with private and government-related firms delving into the nascent asset class. 

Should Bitcoin be adopted as a legal tender, Malaysia will join El Salvador to allow its residents to pay for the cryptocurrency’s goods and services. 

It is worth noting that the massive interest in cryptos has prompted the country to consider developing its Central Bank Digital Currency (CBDC). 

Last month, the country’s apex bank flagged off a research project to explore the benefits of adopting the payment method. 

Malaysians Seeking Ways to Increase Their BTC Holdings 

The Malaysian crypto industry is currently dominated by the younger generation, who have shown a massive interest in crypto assets. 

With Bitcoin displaying its prowess to the world in late 2017, investors are trooping into the space as they seek ways to increase their BTC holdings. 

As part of efforts to increase their BTC holdings, several individuals have set up illegal mining facilities, stealing electricity to mine the world’s largest cryptocurrency. 

Between 2018 and 2021, power theft for illegal mining in Malaysia is estimated at around $550 million, with Tenaga Nasional Bhd, a Malaysian utility company proposing ways to mitigate the illicit activity. 

Exclusive: Shiba Inu Television Team Discusses Everything You Need to Know About SHIB TV

Mark Brennan
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Exclusive: Shiba Inu Television Team Discusses Everything You Need to Know About SHIB TV

Interview With Shiba Inu Television Team, Everything You Need to Know.



Shiba Inu (SHIB) has been under constant development releasing new and innovative updates that have continued to inform the world that it is more than a meme coin. 

Since last year, the Shiba Inu team has launched its unique non-fungible tokens (NFTs), a metaverse project, a decentralized autonomous organization (DAO), and a decentralized exchange platform named ShibaSwap. 

Currently, Shiba Inu is developing its stablecoin, a play-to-earn (P2E) game, and a burn portal for SHIB that will ultimately reduce the cryptocurrency’s total supply, thus boosting its value. 

Shiba Television (Shiba TV) will air content for its subscribers, who are members of the SHIBArmy, a title given to supporters of the dog-themed cryptocurrency. 

In a recent interview conducted by Gossip Shib, a Shiba Inu enthusiast, executive members of ShibaTV gave an overview of everything the SHIB community needs to know about the TV station.

Yerathor: ( Managing Director ShibaTV )

Q) What’s ShibaTV, Shiba Television?

The best way to describe ShibaTV is Decentralization. ShibaTV will be interactive; most of the content will be sent by ShibaTV subscribers as they will be the protagonists. For example, imagine a love show on ShibaTV, would it be fantastic, right? Well, the participants would be members of the ShibArmy. And so, with most of the content we’re going to offer, ShibaTV is ShibArmy TV, and as I always say, many people are from ShibArmy and don’t know it yet.

Q) How did the idea come about?

The idea was born from many events that made it possible for us to be here now. I’m the owner of a Telegram group dedicated to Shiba; it is not official, so we can not reveal much more information, there I met Tomasin and Sergio, I saw that the group sometimes wanted more than we could offer, so we created RadioShiba FM, the thing worked very well. After a while, I got in touch with Xanders; the truth is that we connected great from the beginning; I explained what we were doing. At that moment, everything connected since he was looking for something similar for the official group. So Xanders entered my group for several days, without saying anything, just observing; when I got in touch with him, he told him that I wanted to be a more active part of the community and that he would if he needed help, count on me. So it was, Xanders saw on RadioShibaFM precisely what we wanted to transmit, so I trusted us, and we started working together. Shortly after we learned that a group member was a music producer, Iván Picazo, we connected very well. We decided to have him for both radios, that of the unofficial group and the official Spanishspeaking group. At that moment, in the first official RadioShiba FM, with the ecstasy of the party, we began to create everything, one idea after another, we all put our ideas together while listening to the music of Iván Picazo, and without realizing it, we had created something massive, ShibaTV.

Q) What are the objectives of the ShibaTV project?

The project is divided into 3 phases; the initial phase and the one we are going to talk about now consists of the creation of the ShibaTV, a ShibaTV van that travels the world doing parties and interviews at street level, the creation of stage 1 of the documentary that we are going to record and the acquisition of a place where we will create our television dish. Now, I anticipate my favorite point, ShibaTV, will participate in Esports; we will look for the team that will represent us both FIFA and League Of Legends, and so far, I can count.

Q )How will the project be financially sustained? Does it have any funding?

It is probably the most complex part of the project, which costs the most to plan; ShibaTV does not have any financing; this is the part in which we have to do magic from the beginning. ShibaTV will get money from the Twitch channel, community grants, and the sponsored content that we will take out when the time comes. The accounts of the ShibaTV will be public, and instead of allocating a part in the concept of burning, we will allocate the part that people would use to burn Shiba as a charity, that is, doing social work. The people who created ShibaTV know in good hands the importance of helping others, so it is something that we will keep in mind; it is something that Ryoshi taught us all, no matter who Ryoshi is, he wanted to imply that we were all Ryoshi. The money raised for ShibaTV will go to the growth and development of the phases of ShibaTV, prizes, and raffles for subscribers and social workers; as I said before, the accounts will be public, we will facilitate them so that the community understands that we are not here to make us rich, instead of for Shiba to pass to a physical and real plane and become an essential piece for society.

Iván Picazo (ShibaTV Production Director)

Q) Whose music will we hear from on ShibaTV?

Great question! Right now, all the music and sounds of ShibaTV are composed by me and my partner Alex (ANDR), who is my second on board in the production department. We are delighted to be able to give sound to everything that is being prepared, but it is very important, we will have the ShibArmy also for it. We want decentralized television. To do this and to break the rules, we are going to perform castings to find those musical talents (or other artistic categories) and offer the opportunity to belong to our team, to be able to show their music on our television and help them find fans, promote themselves, help them with their art … but, I’m getting a lot ahead of myself! I can only say that the music content of ShibaTV will be something exceptional about TV.

Q) Will there be festivals, parties, DJ sessions on ShibaTV?

Yes! Of course! ShibaTV moves! And for that, we have prepared some programs and events to show the most musical and danceable side of ShibaTV. We already saw the importance of music at RadioShibaFM events. We know that Shytoshi is an electronic music lover and has always been in our ShibFest, so that we will take the ShibFest beyond the screens. We will be very soon in the main Spanish-speaking cities to make you dance, do interviews and meet the DJs of the ShibArmy!

Q) What surprises does the production department have in store?

Wow! Hahaha! That’s a lot to ask… surprises are just that, wonders! But I can advance some things that we have not yet taught. The production department not only likes to edit, assemble video, etc. We are lovers of animation. Have we grown up together with the anime generation, Toriyama, Studio Ghibli, and the 90’s anime shows? Do you understand me? That concept is audiovisual and universal, so it was a straightforward decision to carry out the first animation montages of ShibaTV. I also want to say that ShibArmy will be an important part of all this. We want to find illustrators, animation editors, and talents who want to participate in an experiment that we are preparing… very soon, we will give the first news about it!

Q) What will be ShibaTV’s next challenge?

That also seems like a great question to me. ShibaTV right now has an audiovisual format adapted to the now’s technologies. Twitch, YouTube, other audiovisual platforms more specific to documentaries, etc. But ShibaTV is also interactive and participatory. So, one of the coolest phases we have is ShibaTV’s entry into the metaverse! Yes, it is still too early to talk about it thoroughly, but the metaverse provides us with the next level of interactivity with our audience. In future phases of ShibaTV, the metaverse is one of those phases! Can you imagine being on our program in prime time as an audience and being able to interact with the presenters and guests? Participate in contests, games? Or be able to dance with our DJ sessions? I am very proud to be a DJ of the ShibArmy; I hope to be playing live music soon, but I already have my avatar for the metaverse! Woof!!


Sergio: (Director of Realization ShibaTV )

Q) What programming will Shibatv have?

We will include effective and quality programming from news to sports, help, and interest to Shibarmy, contests, tournaments, competitions, and general interest programming.

Q) How can we see Shibatv?

To watch Shibatv will be as easy as turning on any of our devices and entering twitch ShibTelevisionofficial mainly. However, it has you can see our content on Youtube, Instagram, Twitter, and TikTok.

Q) How long will Shibatv’s programming last?

We will start from less to more; the objective is that when we have all our programming, it covers all time slots.

Q) How to participate or help Shibatv?

To participate in the programming formats of Shiba tv, we can contact you at the following email address…..And to help with simply giving support as part of Shibarmy, subscribing to Twitch, following Shibatv on social networks and contributing your ideas is enough; each person has a different situation, but Shiba tv is for everything Shibarmy.

Tomasin ( Director of Realization )

Q) How will Shiba TV participate in the adoption?

Adoption and expansion will go hand in hand with TV since there will be programs dedicated to it exclusively.

Q) What will Shiba TV be like on the street?

The best word to express it will be… OUTGOING… we will take Shiba Inu for a walk among the society, and we are going to reveal the most impro and spontaneous part of the team.

Q) We have seen that in a survey came out the esports. What do you plan to do with them?

We can only give you two words… “Tournaments and contests”

Q) In which networks can we find Shiba TV?

Practically in all; Twitch, Youtube, TikTok, Twitter, and telegram.

One Whale Scoops Up 3.7 Trillion Shiba Inu Worth $89M, Overall ETH Whales Accumulates 4.08T Shib Within 7 Days

Zabi
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One Whale Scoops Up 3.7 Trillion Shiba Inu Worth $89M, Overall ETH Whales Accumulates 4.08T Shib Within 7 Days

Ethereum Whales really love to accumulate Shiba Inu (SHIB), with massive potential at discounted prices.



Top Ethereum Whales Accumulated Whopping 4.08 Trillion Shiba Inu (SHIB) Tokens, Worth Over 97.41 Million USD Within Last 7 Days.

During the last 7 days, the top Ethereum whales have accumulated a whopping 4,085,433,852,282 (4.08T) SHIB tokens, worth $97,415,929 (97.41M) USD.

The blockchain data tracker, WhaleStats, reported four different transactions involving Shiba Inu token purchases past week.

The most recent SHIB transaction reported was from one of the mysterious Ethereum whales ranked as 216th biggest whale on WhaleStats. The top ETH whale acquired whopping 3,713,675,424,944 (3.71T) SHIB for ,128,210 (.12M) in one large transaction.

Before this massive accumulation, another mysterious whale ranked 208th biggest ETH Whale made one massive transaction on Wednesday last week and bought 271,370,420,624 (271B) Shiba Inu tokens, worth $6,086,838 ($6M).

On Tuesday the previous week, the 15th biggest whale of Ethereum was reported to accumulate 50,736,574,302 (5.7B) SHIB tokens, valued at $1,106,564 ($1.1M) in one large transaction.

On Monday last week, the mysterious ETH whale purchased 49,651,432,412 (49.6T) SHIB tokens, valued at $1,094,317 (1.09M) USD in a single transaction.

According to WhaleStats, Shiba Inu (SHIB) is currently the third biggest token position by dollar value held among the top 100 ETH wallets following Ethereum (ETH) and FTX token (FTT). The top 100 ETH wallets are now holding a $1,284,199,751 ($1.28B) total value of the SHIB token.

FXOpen Executive Expects Ripple to Win Lawsuit, Says XRP Price To Accelerate Dramatically After Victory

Albert Brown
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FXOpen Executive Expects Ripple to Win Lawsuit, Says XRP Price To Accelerate Dramatically After Victory

FXOpen Executive Expects Ripple to Win Lawsuit, Makes Favorable Prediction for XRP.



With the series of new developments that have surfaced recently in the Securities and Exchange Commission (SEC) v. Ripple lawsuit, it is obvious that things are going in favor of the blockchain company. 

Following the development, various financial and legal experts, including attorneys John Deaton and Jeremy Hogan, have given their opinions on the expected outcome of the lawsuit based on recent developments. 

Natalia Zakharova, Head of Global Sales at FXOpen, leading retail and institutional FX broker, has made public her expectations of the SEC v. Ripple lawsuit in a recent interview. 

According to the FXOpen executive, with the recent developments, she expects that Ripple would either win the lawsuit or that the case would end in a settlement in favor of the blockchain company. 

“[…] Many leading academics from major universities have already publicly stated opinions that the [SEC] lawsuit is baseless and that Ripple will either win, or it will be settled in Ripple’s favor outside of the courtroom,” Zakharova said in an interview. 

XRP Price to Surge

She added that once the case is concluded in Ripple’s favor there is a huge possibility that the value of the XRP will skyrocket moments after the lawsuit conclusion is made public. 

“There is most definitely a possibility of its value accelerating dramatically [after a positive settlement has been reached],” Zakharova added. 

Aside from the lawsuit, Zakharova noted that current global events may foster the price of the XRP to skyrocket massively. 

Notably, current events happening in the world such as inflation, ongoing economic war could foster the widespread adoption of XRP and also cause an uptrend for the sixth-largest cryptocurrency by market capitalization. 

Developments in the Ripple Lawsuit 

Ripple recently recorded a major win after Judge Analisa Torres denied the Securities and Exchange Commission’s motion to stop Ripple from using the Fair Notice Defense. 

The court also denied a motion by the individual defendants to have the charges against them dropped. 

The ruling, which could have been considered a win for the SEC, caused further problems for the agency, leaving key documents like Estabrook’s notes and the 2018 Hinman’s speech unprotected by the DPP. 

In a bid to protect the documents, the agency filed a motion with Judge Sarah Netburn, asking her to reconsider the ruling and not remove the DPP protection from the Estabrook notes and 2018 Hinman’s speech. 

The upcoming ruling is considered one of the biggest decisions in the XRP lawsuit. 

Tom Brady Thanks Ethereum’s Creator Vitalik Buterin For His Contributions to the Cryptocurrency Industry

Mark Brennan
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Tom Brady Thanks Ethereum’s Creator Vitalik Buterin For His Contributions to the Cryptocurrency Industry

Tom Brady Thanks Ethereum’s Creator Vitalik Buterin.



Tom Brady, a former National Football League (NFL) superstar, has taken to popular microblogging platform Twitter to thank Ethereum creator Vitalik Buterin for everything he has done in the cryptocurrency industry. 

In the tweet, Brady disclosed that even though Buterin may not know him, he has been a big fan of the Ethereum creator for a long time, while adding an emoji of a goat, describing Buterin as the G.O.A.T (Greatest of All-Time).

He thanked Buterin for his work and contribution to the crypto space that made it possible for several initiatives like Autograph, a non-fungible token (NFT) collection featuring Brady and other iconic sports superstars, to be launched. 

Brady added that he hopes to meet the Ethereum founder in the near future. 

“What’s up Vitalik! You may not know me but just wanted to say I’m a big fan of yours. thank you for everything you’ve built in the world of crypto, otherwise, @Autograph wouldn’t have been possible. Hope I get to meet you someday you’re the [G.O.A.T],” Brady tweeted. 

Buterin Leads Ethereum Development

It is worth noting that Buterin has been at the forefront of the constant development that shot the Ethereum network into the limelight and has resulted in its widespread adoption. 

Despite the fact that Ethereum has its own problems with high transaction fees, a majority of crypto projects including digital currencies, NFTs, Web3, among others are still being deployed on the platform. 

With the enormous growth of the crypto industry over the years, Buterin shared concerns over the future of the space in his recent interview with TIME. 

Trolls Came at Buterin

His comments came after the Ethereum founder stated over the weekend on Twitter that he did not know Brady, after a majority of his followers made jest of his physical appearance on TIME news outlets. 

Many crypto enthusiasts made a series of jokes about Buterin’s physical appearance. The majority said he resembles Brady, who played as quarterback for the Tampa Bay Buccaneers of the NFL. 

“Tom Brady with the reverse Captain America super-soldier serum?,” a Twitter user with the username @LaneLarronde wrote. 

In response to these comments, Buterin said the quote tweets about his physical appearance “are truly amazing,” however, he had to ask around in order to get an idea of who Brady is. 

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